With COVID-19 applying financial pressures on hospitals and health systems of all sizes and geographic reach, the road to recovery presents a variety of challenges. However, the need to restructure and address financial and operational issues can also provide the hospital sector with opportunities for strategic growth.

Featuring seasoned legal and financial professionals and consultants who specialize in advising hospitals and health systems, this virtual conference will provide multi-faceted guidance on the following issues:

• Proactive strategies and key restructuring considerations for short-and long-term operational success and solvency, including how to preserve value and yield potential transactional opportunities
• Market analysis and strategic opportunities for approaching and pursuing transactional activity

AGENDA

OPENING REMARKS
Speaker: Eric Zimmerman, Chair, Healthcare Practice, McDermott Will & Emery

COVID-19 IMPACT AND THE ANTICIPATED ROAD TO RECOVERY
Speaker: The Chartis Group

CONSIDERATIONS FOR PRESERVING VALUE AND SUSTAINING OPERATIONS IN A DISTRESSED ENVIRONMENT

This panel will explore strategies and best practices for hospitals to preserve value, including engaging in proactive discussions with lenders and bondholders, reviewing contractual relationships with key vendors, and exploring modifications to payment terms or schedule. Panelists will also address the overlay of management and board obligations and the role of corporate governance when approaching the zone of insolvency.

Moderator: Felicia Perlman, Global Co-Head of Restructuring & Insolvency, McDermott Will & Emery

• Russell Perry, Senior Managing Director, Ankura
• Michael Peregrine, Partner, McDermott Will & Emery
• Richard Becker, Senior Managing Director, ToneyKorf

STRATEGIC TRANSACTIONAL OPPORTUNITIES IN THE HOSPITAL SECTOR

Addressing both the interests and concerns of health systems in all positions, this panel will provide insight on opportunities for larger systems to restart their growth strategy, as well as pathways for smaller systems or standalone facilities in distress to evaluate options. The speakers will also discuss accompanying considerations, including capital market and rating agency perspectives and proactive market analysis and antitrust challenges.

Moderator: Charlie Buck, Partner, McDermott Will & Emery

• Ashley Fischer, Partner, McDermott Will & Emery
• Anu Singh, Managing Director, Kaufman Hall
• Victoria Poindexter, Principal, Hammond Hanlon Camp
• Lisa Goldstein, Associate Managing Director, Moody’s